Central Bank of Bahrain Law: Contents

Central Bank of Bahrain and Financial Institutions Law 2006
Central Bank of Bahrain and Financial Institutions Law 2006 (English)
Central Bank of Bahrain and Financial Institutions Law
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Article (137) Appointment of External Administrator

a. The Central Bank shall specify the terms and conditions pursuant to which the External Administrator shall practice his duties and obligations.
b. The External Administrator shall act in accordance with any instructions that the Central Bank may issue from time to time, and he shall submit the reports relevant to the administration to the Central Bank.
c. The Licensee shall bear all administration costs and expenses including the External Administration fees.
 Versions
(1 Version)
 
Sep 7 2006 onwards
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